Media365
Enforcement Directorate searches Vedanta locations under FEMA provisions; mining major says it remains committed to compliance with all laws and regulations
The Enforcement Directorate (ED) on Tuesday conducted searches at premises linked to Vedanta Group in connection with an alleged foreign exchange violation case, officials said.
According to officials, the searches are being carried out under provisions of the Foreign Exchange Management Act (FEMA) as part of an ongoing investigation. Details regarding the alleged violations and the transactions under scrutiny were not immediately available.
Reacting to the ED action, Vedanta said it was cooperating with the authorities and providing all required information.
“We are extending full cooperation to the authorities and are providing all information sought,” a Vedanta spokesperson said.
The company further said it remains committed to complying with all applicable laws and regulations.
“As the matter is currently under regulatory process, we are unable to comment further at this stage,” the spokesperson added.
Further details from the Enforcement Directorate regarding the investigation are awaited.
First Published:
June 02, 2026, 11:56 IST
End of Article
